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submitted 7 months ago by wahuuuy@fedia.io to c/us_news@lemmygrad.ml

"Philanthropist MacKenzie Scott, ex-wife of Amazon founder Jeff Bezos, donates a substantial $640 million to non-profit organizations, doubling her pl

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[-] cfgaussian@lemmygrad.ml 14 points 7 months ago

Stop using the term "philanthropist", there is no such thing, that's a PR term invented by billionaires in an attempt to whitewash their image when they give out occasional crumbs out of the massive amount of wealth they have stolen from the working class.

[-] freagle@lemmygrad.ml 10 points 7 months ago

That's what? 1% of her wealth? Less? That's like a couple hundred bucks in normal person terms. Maybe a thousand. Why is this news?

[-] Makan@lemmygrad.ml 9 points 7 months ago

Yeah, exactly.

[-] azanra4@lemmygrad.ml 10 points 7 months ago
  • this is a small fraction of her wealth
  • the non-profits just launder her money, in return she gets positive public image, tax benefits, and power
  • it’s insanity that progress on unprofitable ventures is dictated by billionaires
[-] REEEEvolution@lemmygrad.ml 9 points 7 months ago

As already mentioned: Compared to her wealth, that's hardly anything.

Another question would be: Which NGOs?

this post was submitted on 20 Mar 2024
-15 points (10.5% liked)

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